Module 2 Flashcards
(14 cards)
Most used models in project management:
- Staged project framework
- A set of standards and best practices
Staged Project Process Framework:
1- Have an idea 2 - Have a quick look 3 - Have a closer lool 4 - Do it 5 - Try it out 6 - Use it
Stage =
Specific periods during which work on the project takes place
Gate =
Decision point which precedes every stage
A typical stage :
1 - Project plan
2 - Do work
3 - The control cycle (measure progress, identify risks and issues and take corrective actions)
4 - Deliver results
The 3 decisions required at each gate:
1 - Is it viable ? (Yes - No)
2 - What is its priority ? (High - Low)
3 - Do we have funding ? (Yes - No)
[1 - Have an Idea] The proposal describes the business needs –> brief document with
The need the project will meet
Whai it is intended to produce
Its benefits
How it fits the current strategy
[2 - Have a quick look] The initial investigation describes the business rationale:
Why you need the project ? What options you intend to work on ?
How will you do it ?
How much ?
–> comprises a sufficient analysis to enable you ot decide if it is worthwhile continuing the project
[3 - Have a closer look] The detailed investigation identifies and defines the
optimum solution and commercial proposal
[4 - Do it] Develop and test –> deliverables:
Test results
Trial plan
Ready for trial
Review report
[5 - Try it out] Trial phase –> the purpose is to validate whether
The solution is acceptable to the users
It is functionally correct in a live environment
The business objective is likely to be met
Project Management Institute: 9 areas of knowledge
- Project integration management
- Project scope management
- Project time management
- Project cost management
- Project quality management
- Project human resources management
- Project communication management
- Project risk management
- Project procurement management
According to IPMA ( International Project Management Association), there are three competencies:
- Behavioural competencies
- Technical competencies
- Contextual competencies
The 4 main project players:
The originator (the one who comes up with the idea)
The project sponsor/board (the one who benefit from the project)
The project manager (the one who manages the project)
The team members (the one who undertake the work)